Management team completes full buyout of provider @Sipp   

Majority shareholders are Eddie McGuire and Steve Lancaster

Jenna Brown
clock • 2 min read

The management team of provider @SIPP has completed full buyout of the business.

The specialist self-invested personal pension (SIPP) and small self-administered scheme (SSAS) provider said the management buyout (MBO) was led by managing director Eddie McGuire and finance director Steve Lancaster. The entire share capital of Glasgow-headquartered @SIPP was bought for an undisclosed sum by @SIPP Group Holdings, a holding company established by the existing management team. The team said it was keen for the business - which was established in 2001 and has £2bn in assets under administration from 4,600 clients and 550 financial advisers - to remain independent and co...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

WBR group buys financial planning firm's SSAS book

WBR group buys financial planning firm's SSAS book

Part of long-term growth strategy

Jenna Brown
clock 05 May 2026 • 2 min read
The £22.40 question: Are clients in the dark on the full state pension?

The £22.40 question: Are clients in the dark on the full state pension?

'The political architecture is elegant, from the Treasury's perspective'

James Floyd
clock 05 May 2026 • 3 min read
Alltrust acquires Phoenix Wealth Family Suntrust schemes

Alltrust acquires Phoenix Wealth Family Suntrust schemes

Completion expected later this year

Jenna Brown
clock 29 April 2026 • 1 min read